DESKTOP HEADER

MOBILE

Financing Business Equipment

Big toys aren’t just for recreation. Every business needs reliable equipment to get the job done, whatever that job might be. Whether you’re purchasing a new CNC lathe, large-format printer, or new tractor for your farm, financing business equipment with Lake Region Bank is easy.

SBA 7(a) Loan

Lake Region Bank is a preferred lender for SBA7(a) loans. Lake Region Bank is also an approved SBA 504 lender for qualifying loan purposes.

The SBA 7(a) loan is the Small Business Administration’s most common loan program. Funds from an SBA 7(a) loan can be used to purchase machinery, equipment, furniture, fixtures, and business supplies. To be eligible, businesses must be for-profit, do business in the United States, and demonstrate the need for the loan, among other requirements. The Lake Region commercial lending team can help you decide if an SBA 7(a) loan is the right choice for your purchase.  

Lake Region Bank Commercial Loan

If you are setting up a new shop or are investing in machinery or equipment for an existing business, a line of credit or term loan with Lake Region Bank could be a good fit for you. We understand business in Kandiyohi County and know that our success depends on your success. See us for all your business’s financial needs:

  • Operating lines of credit
  • Purchasing equipment
  • Commercial real estate financing cash out for equipment needs

When it’s time to finance your next big equipment purchase, get in touch with the commercial lending team at Lake Region Bank, the small town bank with big city banking solutions.

Share this post, choose your platform!

Stay in the Know

Join Our Newsletter

You are now leaving
Lake Region Bank

Lake Region Bank provides links to web sites of other organizations in order to provide visitors with certain information. A link does not constitute an endorsement of content, viewpoint, policies, products or services of that web site. Once you link to another web site not maintained by Lake Region Bank, you are subject to the terms and conditions of that web site, including but not limited to its privacy policy.

You will be redirected to

Click the link above to continue or CANCEL

Fix Up Loans

Finance your kitchen, bathroom or exterior renovations with the help of a Lake Region Bank home improvement loan option.